A recent article from Forbes Magazine/Forbes.com[1] reviewed the ten highest paying jobs. Not surprisingly, topping the list was surgeons (averaging $225,390 per year). Of the top ten, seven spots went to medical professionals and two to dentistry, specifically Oral-Maxillofacial Surgeons (#3 at $214,120) and Orthodontists (#5 at $200,290). The article mentioned the specialized nature of the… read more »
Posts Tagged ‘Value’
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Preparing for a Transition
Thursday, October 27th, 2011Tags: brokering practice sales, dental practice transitions, equipment purchase, practice transition planning, practice transitions, selling a dental practice, selling a practice, selling your dental practice, selling your practice, transition plan, transition planning, Value
Posted in Selling |
Top 10 Questions Dentists Ask When Buying or Selling a Practice
Monday, September 12th, 20111. What’s the value of a dental practice? The value of a properly appraised practice is a function of two factors: Risk and Net Income. The greater the risk to success in a practice, the lower the interest from buyers. Higher risk translates to lower practice value. Valuing a practice involves the review of three… read more »
Tags: appraisal, appraised value, associate, covenant-not-to-compete, dual representation, non-compete, patient acceptance, restrictive covenant, staff stay, transition process, valuation, Value
Posted in Appraisals, Associateship, Buying, Partnerships, Selling, Valuations |
Purchasing a Practice: Getting a Great Value at a Reasonable Price Ensures Success
Friday, March 11th, 2011Is there a difference between price and value when purchasing a practice? Emphatically, YES! Getting a practice at a great price does NOT ensure success, but getting a great value at a reasonable price does. Even the buyers who hire the best transition specialists in the industry confuse the interaction of these concepts. Let’s define… read more »
Tags: Buying, buying a practice, due diligence, purchase price, Value
Posted in Buying |
Buying a Practice: FAQs
Monday, July 19th, 2010– Originally published in the July 2010 issue of Dental Town Magazine. At ADS, as transition specialists, we work with all types of transitions, practices and doctors. While we have specific methodologies for practice valuation and proven practices for successfully transitioning a practice from a selling to apurchasing doctor, we understand that for most doctors… read more »
Tags: Buying, dual representation, practice value, Value
Posted in Buying |